Number of units
produced 30,
000
Number of units
sold 28,000
Selling
price $20
Beginning
inventory 0
Fixed selling and administrative
costs $ 20,000
Fixed manufacturing
overhead $
150,000
Direct materials cost per
unit 2
Direct manufacturing
labor 6
Variable manufacturing overhead per unit
4
Variable selling expenses per
unit 2
FMOH per
unit
5
1.Operating Income under Absorption method
is
2.If Sales Revenue $560,000 then Gross Margin under Absorption
method is
3.Cost of Goods Sold and Ending inventory under Absorption
costing method are:
4.What is...